Dundee Precious Metals Inc. and Osino Resources Corp. are pleased to announce that they have entered into a definitive agreement whereby DPM will acquire all of the issued and outstanding common shares of Osino pursuant to a plan of arrangement . The Transaction adds Osino's high-quality, long-life Twin Hills open pit gold project as well as an extensive exploration portfolio in Namibia to DPM's existing portfolio of [...]
Dundee Precious Metals Inc. is pleased to provide an interim update to the Mineral Resource and Mineral Reserve estimate and life of mine plan for its Chelopech mine in Bulgaria. In 2023, DPM advanced its annual update for Mineral Reserves and Mineral Resources in order to better align with the Company's planning and budgeting cycle. Highlights Mine life extended to 2032: Proven and Probable Mineral Reserves of 1.6 [...]
Dundee Precious Metals Inc. today reported new assay results from its ongoing infill drilling program at the ?oka Rakita prospect in eastern Serbia, which continued to confirm the continuity of the mineralization and locally extended the footprint of the deposit to the west and south-west. Additionally, the Company provided an update on its scout drilling program on the ?oka Rakita licence, highlighting additional [...]
Dundee Precious Metals Inc. today announced that it has appointed Mr. Robert M. Bosshard to the Board of Directors of DPM, effective December 1, 2023. "We are very pleased to welcome Bob Bosshard to the Board of Directors. His significant expertise in finance, capital markets and risk management will be a valuable addition to the Company," said Peter Gillin, Chair of the Board of Directors. Mr. Bosshard has over 40 years [...]
Dundee Precious Metals announced that its Board of Directors has declared a fourth quarter dividend of US$0.04 per common share. The dividend is payable on January 15, 2024, to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2023, and qualifies as an "eligible dividend" for Canadian income tax purposes. Shareholders may elect to receive their dividend in U.S. or Canadian dollars by contacting [...]
Dundee Precious Metals Inc. announced its operating and financial results for the third quarter and first nine months ended September 30, 2023. Highlights Strong metals production: Produced 74,102 ounces of gold and 7.2 million pounds of copper. All-in sustaining cost: Reported cost of sales per ounce of gold sold1 of $901 and an all-in sustaining cost per ounce of gold sold2 of $911. On track to achieve 2023 guidance [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines and smelter for the three and nine months ended September 30, 2023. "In the third quarter, we continued our strong operating track record, with Ada Tepe achieving a new record for quarterly gold production and Chelopech delivering solid production in-line with our expectations," said David Rae, President and Chief Executive Officer [...]
Dundee Precious Metals Inc. announced that a decision on the appeal of the Constitutional Protective Action filed against the Ministry of Environment, Water and Ecological Transition was delivered by the Provincial Court of Azuay in Ecuador. Based on the Company's preliminary analysis, the decision reaffirmed DPM's mining concessions for the Loma Larga project, and clarified that free, prior and informed consultation of [...]
Dundee Precious Metals Inc. is pleased to announce it has entered into an investment protection agreement with the Government of Ecuador for the Loma Larga project . Under the terms of the IPA, the Government of Ecuador has granted DPM tax stability and certain tax incentives, as well as legal protections including stability of the regulatory framework and resolution of disputes through international arbitration. "The [...]
Dundee Precious Metals Inc. announced its operating and financial results for the second quarter and six months ended June 30, 2023. Highlights Strong metals production: Produced 76,306 ounces of gold and 7.9 million pounds of copper. All-in sustaining cost: Reported cost of sales per ounce of gold sold1 of $929 and an all-in sustaining cost per ounce of gold sold2 of $733. On track to achieve 2023 guidance: Both mining [...]
Dundee Precious Metals announced that its Board of Directors has declared a third quarter dividend of US$0.04 per common share. The dividend is payable on October 16, 2023 to shareholders of record as at 5:00 p.m. Toronto local time on September 30, 2023 and qualifies as an "eligible dividend" for Canadian income tax purposes. Shareholders may elect to receive their dividend in U.S. or Canadian dollars by contacting their [...]
Dundee Precious Metals Inc. today reported new assay results from its ongoing drilling program at the ?oka Rakita prospect in eastern Serbia, which extended the deposit by 100 metres to the south and further extended and confirmed the core high-grade zone. Additionally, the Company is providing an update on its aggressive scout drilling program on the ?oka Rakita licence. Highlights New significant intercepts from the [...]
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